No dev team
Every change waits for the one person who can code, or for an outside contractor.
For small firms
A small or mid-size firm cannot keep a team of developers on staff for every idea. AlgoBarsX lets the people who know the markets build the tools themselves, and lets everyone else read what they built.
Every change waits for the one person who can code, or for an outside contractor.
If that one person leaves, nobody can read what they wrote.
Charting, testing, alerts and automation are often four separate bills.
Plain-word code, or plain English turned into code with one button.
Read more about traders build it themselvesThe compiler writes out what each script does. Hand that to a partner, an investor or an auditor.
Read more about anyone can read itThe same script draws, tests, alerts and trades.
Read more about one tool, four jobsPut your common logic in a versioned library. Everyone imports the same one.
Read more about shared building blocksDaily loss and drawdown caps are lines in the script, not a note on the wall.
Read more about limits in the codeOpen free accounts for the whole team and test real work first.
See time and costCaps sit at the top of the script. When the daily loss limit is hit, open trades close, waiting orders are cancelled, and new entries stop until the next day. A drawdown limit pauses the strategy until a person restarts it.
strategy "Language Tour"markets: EURUSD, GBPUSDbars: 15mevaluate: bar_closemax_open: 3max_open_per_side: 2direction: bothopposite: reversepyramiding: 3min_distance: 20 pipsmax_daily_loss: 3%max_drawdown: 10%trade_only: within sessions london, new_yorkNo. The code reads like plain words, it reads itself back in English, and you can type your idea in plain English and press Convert to AlgoBarsX.
No. AlgoBars is software, not a broker. It links to accounts at supported brokers. It never holds money and it does not give advice.
No. Tests use past prices and leave out spread, fees, swaps and slippage. Past results do not tell you what will happen next.
The language works and passes 678 tests on every build. It is still being improved, so some syntax and features may change. Plan for that.
A live walk-through, then free accounts for your team to test real work.
Talk to usOr create a free account and try it yourself
Trading is risky. You can lose money. It is not right for everyone.